Quote from: Synchronice on July 27, 2025, 10:14:32 PM

Quote from: BTCETFInvestor on July 24, 2025, 05:05:06 PM

Just recently I've decided to invest in Bitcoin and have chosen to buy shares in Fidelity's FBTC Exchange-Traded-Fund.

My choice was primarily between Fidelity's FBTC and Blackrock's IBIT. I chose FBTC because I like and trust Fidelity's service and I like their Trading Dashboard features.

Is Buying Shares of a BTC ETF a good way for non-tech new (late-to the game) investors to invest in BTC?

For a non-tech guy, buying shares of Bitcoin ETFs is a good way to enter the game. Why not? You just want to enter it and you are not a tech-savvy guy but evolve over time. You know, there is one rule in crypto world, not your keys, not your coins. In the end, you want to enlighten yourself more and become slightly more advanced in tech. Creating a Bitcoin wallet is not hard, it's very easy, the hardest thing is to keep seeds safely secured. It only takes few seconds to generate a wallet in Electrum.

Quote from: coolcoinz on July 24, 2025, 05:23:04 PM

So first of all, you're not late to the game.

Think about it. If you came to the party at $1k, knowing that a year before bitcoin was $100 and a year before $1, you'd think it's done growing and you're late.
3 years later it would be $20k and you'd probably think you're late, but ahead there was 60k, at which point people like you were saying they're late, not knowing that there's 120k ahead of them.

I'd agree with this statement but there is a huge difference in market cap when the price of Bitcoin was $1k and now. The market cap was too low during that time and today it's billions of dollars. It can't become 1 million USD from 100K easily. It might hit 200K but I wouldn't expect anything higher than this in 2025-2026.

Fidelity's FBTC ETF had huge 1 million+ volume just after the markets opened today. That volume pace was unusual...